Search For "trade deficit"
"Will eliminate trade deficit with US": Israeli PM Netanyahu amid US tarif
Updated : 11 months, 3 weeks ago IST
Netanyahu further expressed gratitude to President Trump for inviting him to the White House and praised him as a "remarkable friend" of Israel, noting that Trump delivers on his commitments.
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"Not going to lose a trillion dollars for the privilege of buying pencils
Updated : 11 months, 3 weeks ago IST
US President Donald Trump made sharp remarks towards China as the US has implemented retaliatory tariffs with a goal of bridging the trade deficits with several countries. This has also impacted the stock markets.
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Feb trade surplus suggests a sharp downside risk to India's current accoun
Updated : 1 year ago IST
India's current account deficit is likely to see a sharp downside risk for FY25 GDP, as seen in the sharp positive surprise in February trade data according to a report by the Union Bank of India (UBI). India's trade deficit for February 2025 has seen a rare surplus of USD 4.4 billion. Read More
India stands to gain in an increasingly uncertain world of tariffs: SBI Re
Updated : 1 year ago IST
India runs a marginal trade deficit with the USD 13 million in aluminium goods, and USD 406 million in steel goods. While India doesn't figure among top 10 importers of steel products, accounting for just 1 per cent of imports to the US, it is among the top 10 in aluminium imports. However,
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India's merchandise trade deficit will be under pressure in fiscal 26, ser
Updated : 1 year ago IST
India's merchandise trade deficit will be under pressure in the fiscal year 2026, as domestic private consumption is expected to remain strong, maintaining imports up, the rating agency Crisil said in its recent report.
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Congress MP Manickam Tagore files Adjournment Motion on manufacturing cris
Updated : 1 year ago IST
Congress MP Manickam Tagore files an adjournment motion in the Lok Sabha, highlighting the crisis in India's manufacturing sector, the decline of Make in India, and the tripling of the trade deficit with China. He urges the government to address the issues.
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India's trade deficit likely narrowed to USD 21.5 Bln in February from USD
Updated : 1 year ago IST
India's trade deficit likely narrowed to USD 21.5 billion in February, down from USD 23 billion in January, according to a report by Union Bank of India.
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Piyush Goyal to hold talks with industry and export council over US tariff
Updated : 1 year ago IST
Union Commerce and Industry Minister Piyush Goyal, days after holding talks with the US counterpart in Washington, has called a meeting with the export councils and trade representatives starting on Thursday, sources say.
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"America will go bankrupt...": Elon Musk criticises high trade deficit, ex
Updated : 1 year, 1 month ago IST
In an interview with Fox News telecast on Tuesday (local time), Musk said that US President Donald Trump inherited a USD 2 trillion trade deficit. He further warned that "America will go bankrupt" if it fails to bring the deficit under control.
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Trade deficit in Jan'25 widens because non-oil, non-gold deficit reaches d
Updated : 1 year, 1 month ago IST
India's merchandise trade deficit surged to USD 22.99 billion in January 2025, exceeding market expectations of USD 21.0 billion. This marks an increase from USD 21.94 billion in December 2024 and USD 16.56 billion in January 2024.
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India's exports surge to $74.97 bn in Jan 2025 from $68.33 bn, trade defic
Updated : 1 year, 1 month ago IST
Commerce Secretary Sunil Barthwal highlighted the robust export performance during April 2024 to January 2025, stating, "Our exports during April-Jan has seen a growth of 7.21 percent. During April-Jan we have witnessed USD 46 bn Dollar increase from the last year same period. During the sam
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India, US to sign new defence framework, says Trump admin official
Updated : 1 year, 1 month ago IST
The two sides are also having conversations about new procurements which will help in reducing US' trade deficit with India, the White House official said.
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